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What should borrowers keep in mind about AI-powered loan recovery calls?

short by Pravel Jain / on Monday, 9 November, 2026
Lenders are increasingly exploring AI-powered calls to handle EMI reminders, repayment queries and loan collections. Borrowers should check whether they're speaking to an AI system, verify repayment details through official channels and seek human assistance for complicated issues. They should also avoid sharing confidential credentials and seek lender approval for any changes to repayment terms.
read more at CNBCTV18